Form 4: Lattice Semiconductor SVP Disposes of Shares for Tax Obligations

Lattice Semiconductor Corp's SVP of R&D, Pravin Desale, reported the disposition of 611 common shares at $51.01 each to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Pravin Desale, SVP, R&D of Lattice Semiconductor Corp (LSCC), filed a Form 4 reporting a change in beneficial ownership.
• On June 11, 2025, Mr. Desale disposed of 611 shares of Common Stock at a price of $51.01 per share.
• This disposition was made under transaction code 'F', indicating that the shares were retained by the Issuer to meet the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.
• The amount of shares retained by the Issuer did not exceed the amount of the tax liability.
• Following this transaction, Pravin Desale beneficially owns 112,804 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neither positive nor negative for the company's operational outlook or financial health. It is a standard administrative event related to executive compensation.

Positives

• The transaction indicates the vesting of restricted stock units (RSUs), which is a form of equity compensation for the executive, aligning management's interests with shareholders.

Negatives

• No direct negatives are indicated by this routine tax-related transaction.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction common across all industries, particularly in technology companies where equity compensation like Restricted Stock Units (RSUs) is a standard component of executive compensation packages. The disposition of shares for tax withholding upon RSU vesting is a common and expected event.

Related Party Transactions

• The transaction involves the Issuer (Lattice Semiconductor Corp) retaining shares from the Reporting Person (Pravin Desale) to cover tax withholding obligations related to RSU vesting, which is a standard related-party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale for liquidity. It reflects the vesting of executive compensation.
• Employees: No direct impact on general employees, but it highlights the equity compensation structure for executives.

Key Dates

Recommendation

Keywords

Lattice Semiconductor, LSCC, Form 4, Insider Transaction, Stock Ownership, Restricted Stock Units, Tax Withholding, Pravin Desale, SVP R&D